Eaton Financial Holdings Company LLC Purchases 7,823 Shares of Netflix, Inc. $NFLX

Eaton Financial Holdings Company LLC boosted its position in Netflix, Inc. (NASDAQ:NFLX) by 1,871.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 8,241 shares of the Internet television network’s stock after buying an additional 7,823 shares during the quarter. Eaton Financial Holdings Company LLC’s holdings in Netflix were worth $773,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. First Financial Corp IN raised its holdings in Netflix by 900.0% in the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. raised its holdings in Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 239 shares in the last quarter. Turning Point Benefit Group Inc. raised its holdings in Netflix by 13,400.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 268 shares in the last quarter. Imprint Wealth LLC bought a new position in Netflix in the third quarter worth $25,000. Finally, MB Levis & Associates LLC raised its holdings in Netflix by 177.8% in the fourth quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network’s stock worth $28,000 after purchasing an additional 192 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.

Netflix Trading Down 0.4%

Netflix stock opened at $87.35 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12. The stock has a market capitalization of $367.81 billion, a PE ratio of 28.21, a price-to-earnings-growth ratio of 1.11 and a beta of 1.55. The business’s fifty day moving average is $93.45 and its 200 day moving average is $93.59.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, beating the consensus estimate of $0.76 by $0.47. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The company had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.17 billion. During the same period last year, the firm posted $6.61 earnings per share. Netflix’s revenue was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, sell-side analysts predict that Netflix, Inc. will post 3.6 EPS for the current year.

Insider Activity at Netflix

In related news, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the sale, the chief executive officer directly owned 120,931 shares of the company’s stock, valued at $10,725,370.39. This trade represents a 18.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Theodore A. Sarandos sold 27,312 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total value of $2,402,636.64. Following the sale, the chief executive officer directly owned 284,804 shares in the company, valued at $25,054,207.88. This trade represents a 8.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,422,769 shares of company stock valued at $135,144,073 over the last three months. 1.24% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

NFLX has been the topic of a number of recent research reports. China Renaissance increased their target price on Netflix from $90.00 to $100.00 and gave the stock a “hold” rating in a research note on Friday, April 17th. Rosenblatt Securities cut their target price on Netflix from $96.00 to $95.00 and set a “neutral” rating on the stock in a research note on Friday, April 17th. Jefferies Financial Group cut their target price on Netflix from $134.00 to $128.00 and set a “buy” rating on the stock in a research note on Friday, April 17th. Erste Group Bank cut Netflix from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, TD Cowen reissued a “buy” rating on shares of Netflix in a research note on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and sixteen have issued a Hold rating to the company. According to MarketBeat.com, Netflix has an average rating of “Moderate Buy” and an average price target of $114.82.

About Netflix

Netflix, Inc (NASDAQ: NFLX) is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company’s primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.